---
type: "Bill"
title: "Economic Development - Small, Minority, and Women-Owned Business Accounts - Management Fees (Small Business Increased Access to Capital Act)"
description: "Economic Development - Small, Minority, and Women-Owned Business Accounts - Management Fees (Small Business Increased Access to Capital Act)"
jurisdiction: "us/states/md"
legislature: "Maryland General Assembly"
session: "2026"
identifier: "SB 920"
citation: "Maryland SB 920 (2026)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: ["Charles", "Harris", "Muse"]
version_count: 3
action_count: 13
vote_count: 2
first_action: "2026-02-06"
last_action: "2026-05-12"
source: "openstates"
source_identifier: "ocd-bill/243709c7-37f8-4d89-89bd-0dcacb54628c"
source_url: "http://mgaleg.maryland.gov/mgawebsite/Legislation/Details/sb0920?ys=2026RS"
source_hash: "78e016e7f89fc09e34c745cc07a24351d5f582d30542a07117e0158a9385da95"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-md"]
---

# Maryland SB 920 (2026) — Economic Development - Small, Minority, and Women-Owned Business Accounts - Management Fees (Small Business Increased Access to Capital Act)

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **Chapter - Economic Development - Small, Minority, and Women-Owned Business Accounts - Management Fees (Small Business Increased Access to Capital Act)** (committee substitute) — [source](http://mgaleg.maryland.gov/2026RS/Chapters_noln/CH_392_sb0920t.pdf)
2. **First - Economic Development - Small, Minority, and Women-Owned Business Accounts - Management Fees (Small Business Increased Access to Capital Act)** (committee substitute) — [source](http://mgaleg.maryland.gov/2026RS/bills/sb/sb0920f.pdf)
3. **Third - Economic Development - Small, Minority, and Women-Owned Business Accounts - Management Fees (Small Business Increased Access to Capital Act)** (committee substitute) — [source](http://mgaleg.maryland.gov/2026RS/bills/sb/sb0920t.pdf)

## Votes

- On Third Reading — **123–13** (pass) · lower
- On Third Reading — **45–0** (pass) · upper

## Sponsors

- Charles — primary (person)
- Harris — primary (person)
- Muse — primary (person)

## Timeline

The legislative action history — every referral, reading, and vote.

- **2026-02-06** First Reading Finance `referral-committee`
- **2026-02-12** Hearing 3/05 at 1:00 p.m.
- **2026-03-16** Favorable with Amendments Report by Finance `committee-passage-favorable`
- **2026-03-17** Favorable with Amendments { `committee-passage-favorable`
- **2026-03-17** Second Reading Passed with Amendments
- **2026-03-19** Third Reading Passed `passage`
- **2026-03-20** Referred Economic Matters `referral-committee`
- **2026-04-08** Favorable Report by Economic Matters `committee-passage-favorable`
- **2026-04-08** Favorable Adopted `committee-passage-favorable`
- **2026-04-08** Second Reading Passed
- **2026-04-13** Third Reading Passed `passage`
- **2026-04-13** Returned Passed
- **2026-05-12** Approved by the Governor - Chapter 392 `executive-signature`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/243709c7-37f8-4d89-89bd-0dcacb54628c`. Confidence: reported (aggregated from official Maryland legislature records).